AGYS - RAMESH SRINIVASAN Takes Money Off The Table Sells $9.35M In Agilysys Stock | Benzinga
RAMESH SRINIVASAN, President & CEO at Agilysys (NASDAQ:AGYS), executed a substantial insider sell on June 4, according to an SEC filing.
What Happened: SRINIVASAN's recent Form 4 filing with the U.S. Securities and Exchange Commission on Tuesday unveiled the sale of 100,000 shares of Agilysys. The total transaction value is $9,354,000.
The latest update on Wednesday morning shows Agilysys shares up by 2.27%, trading at $94.54.
Delving into Agilysys's Background
Agilysys Inc has been a leader in hospitality software, delivering innovative cloud-native SaaS and on-premise solutions for hotels, resorts and cruise lines, casinos, corporate food service management, restaurants, universities, stadiums, and healthcare. The Company's software solutions include point-of-sale (POS), property management (PMS), inventory and procurement, payments, and related applications that manage and enhance the entire guest journey. Agilysys also is known for its world-class customer-centric service.
Key Indicators: Agilysys's Financial Health
Revenue Growth: Over the 3 months period, Agilysys showcased positive performance, achieving a revenue growth rate of 17.63% as of 31 March, 2024. This reflects a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a ...